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December 22, 2024
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Texas PUC Establishes $5B Energy Fund
Low-interest Loans Designed to Add Dispatchable Generation
The Texas Energy Fund is designed to add more gas units to ERCOT grid.
The Texas Energy Fund is designed to add more gas units to ERCOT grid. | Fluor
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Texas regulators have adopted a new rule establishing the Texas Energy Fund In-ERCOT Generation Loan Program, a $5 billion fund designed to bring new dispatchable power projects to the state.
Natural GasPublic Utility Commission of Texas (PUCT)Resource Adequacy